Previous Estimates Overstate 'Fair Tax' Rates, Harms Print E-mail
By Joseph Haslag, Abhi Sivasailam   
Tuesday, October 13, 2009

House Joint Resolution 36 (2009), the “Fair Tax” bill, called for replacing personal and corporate income taxes with a broad, revenue neutral 5.11-percent sales tax. The legislation also called for a tax rebate to be disbursed on the first day of each month to qualified families in the state. In our view, Missouri’s economy would grow faster if HJR 36 were enacted. However, through a combination of misinformation, miscalculation, and the promotion of myths, HJR 36 was unfairly maligned.

Related Links

Full Case Study (PDF)

 
 

FOLLOW US @ Sign up for the Show-Me Institutes RSS feedFollow the Show-Me Institute on FacebookFollow the Show-Me Institute on TwitterWatch the Show-Me Instititute on You Tube

STAY INFORMED

Signup here:

EVENT VIDEO

JavaScript is disabled!
To display this content, you need a JavaScript capable browser.

More videos...

AUDIO

KWMU: Stokes Talks About The Benefits Of Privatization
March 25, 2014

Show Me's David Stokes talks about the value of privatization on St. Louis's public radio station. Listen to the conversation.



VISIT OUR OTHER SITES!

Show-Me Daily Blog data-button
Show-Me Living Show-Me Book Club

4512 West Pine Blvd.
Saint Louis, MO 63108

Phone: (314) 454-0647
Fax: (314) 454-0667
info@showmeinstitute.org